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New Asia Holdings (New Asia Holdings) Cyclically Adjusted Book per Share : $-0.05 (As of Dec. 2023)


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What is New Asia Holdings Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

New Asia Holdings's adjusted book value per share for the three months ended in Dec. 2023 was $-0.018. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $-0.05 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 30.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of New Asia Holdings was 30.70% per year. The lowest was 19.10% per year. And the median was 24.90% per year.

As of today (2024-05-24), New Asia Holdings's current stock price is $0.11. New Asia Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $-0.05. New Asia Holdings's Cyclically Adjusted PB Ratio of today is .


New Asia Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for New Asia Holdings's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

New Asia Holdings Cyclically Adjusted Book per Share Chart

New Asia Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.17 -0.15 -0.13 -0.09 -0.05

New Asia Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.09 -0.07 -0.07 -0.06 -0.05

Competitive Comparison of New Asia Holdings's Cyclically Adjusted Book per Share

For the Software - Application subindustry, New Asia Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


New Asia Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, New Asia Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where New Asia Holdings's Cyclically Adjusted PB Ratio falls into.



New Asia Holdings Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, New Asia Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.018/129.4194*129.4194
=-0.018

Current CPI (Dec. 2023) = 129.4194.

New Asia Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.181 99.695 -0.235
201406 -0.172 100.560 -0.221
201409 -0.176 100.428 -0.227
201412 -0.192 99.070 -0.251
201503 0.000 99.621 0.000
201506 -0.002 100.684 -0.003
201509 0.036 100.392 0.046
201512 -0.085 99.792 -0.110
201603 -0.048 100.470 -0.062
201606 -0.086 101.688 -0.109
201609 -0.089 101.861 -0.113
201612 -0.107 101.863 -0.136
201703 -0.098 102.862 -0.123
201706 -0.069 103.349 -0.086
201709 -0.095 104.136 -0.118
201712 -0.008 104.011 -0.010
201803 -0.008 105.290 -0.010
201806 -0.009 106.317 -0.011
201809 -0.010 106.507 -0.012
201812 -0.010 105.998 -0.012
201903 -0.011 107.251 -0.013
201906 -0.011 108.070 -0.013
201909 -0.012 108.329 -0.014
201912 -0.012 108.420 -0.014
202003 -0.013 108.902 -0.015
202006 -0.014 108.767 -0.017
202009 -0.014 109.815 -0.016
202012 -0.011 109.897 -0.013
202103 -0.012 111.754 -0.014
202106 -0.013 114.631 -0.015
202109 -0.013 115.734 -0.015
202112 -0.014 117.630 -0.015
202203 -0.014 121.301 -0.015
202206 -0.015 125.017 -0.016
202209 -0.015 125.227 -0.016
202212 -0.016 125.222 -0.017
202303 -0.016 127.348 -0.016
202306 -0.017 128.729 -0.017
202309 -0.017 129.860 -0.017
202312 -0.018 129.419 -0.018

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


New Asia Holdings  (OTCPK:NAHD) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


New Asia Holdings Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of New Asia Holdings's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


New Asia Holdings (New Asia Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
80 Tras Street, Suite 01-03, Singapore, SGP, 079019
New Asia Holdings Inc is engaged in developing and deploying its proprietary, neural trading models for the financial community. It offers trading software solutions to clients on the basis of a software-as-a-service (SaaS) licensing and delivery models with licensed users availing of service-based contractual arrangements. The company's products capitalize the large volume of the 24 hour Forex markets to achieve capital appreciation over a medium- to long-term basis, combined with the usage of a good wealth vehicle designed to control risk, profit from both bull or bear markets, and maximize liquidity and economic resilience.
Executives
Lin Kok Peng Jeffrey director, 10 percent owner 8 UBI ROAD, #02-07, ZERVEX U0 408538
Ng Anthony Zi Qin 10 percent owner 102 GERALD DRIVE, #04-75, SELETAR SPRINGS, SINGAPORE U0 798593
Scott C. Kline director 15615 ALTON PKWY #450, IRVINE CA 92618
Lim Allister Wee Sing director 111 NORTH BRIDGE ROAD,, #11-04 PENINSULA PLAZA, SINGAPORE U0 179098

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